Financial PerformanceL&G expect flows from its Workplace DC and annuity businesses to deliver more than half of the new revenues, more than offsetting the structural decline of UK DB.
Shareholder ValueL&G will deliver an additional share buyback of £1bn, returning significant value to shareholders.
Strategic PartnershipsL&G has announced the disposal of its US protection business to Meiji Yasuda and is also establishing a strategic partnership to grow the US Pension Risk Transfer business, which should enhance its market position.